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Income Tax Taxation

Collection of tax on sale of goods (FAQs)

Collection of tax on sale of goods (FAQs)

The Finance Act recently inserted sub-section (1H) in section 206 C. As per this provision, seller is required to collect tax at source from the amount obt...

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GST Registration

GST Registration Requirement for different Taxpayers...

GST Registration Requirement for different Taxpayers

GST registration is mandatory for persons whose turnover exceeds Rs. 40 lakhs & Rs. 10 lakhs for North Eastern & Hilly states. For businesses engag...

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RBI Regulations

Constitution of the Regulations Review Authority (RRA)...

Constitution of the Regulations Review Authority (RRA) 2.0

The Reserve bank announced the setting up of regulations review authority 2.0 to review its regulations internally as well as in consultation with other st...

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Taxation

Understanding all about Odisha Professional Tax Registr...

Understanding all about Odisha Professional Tax Registration

Professional tax is levied based on the earnings of individuals by salary, business/trade or profession such as Chartered Accountants, Lawyers etc. In this...

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FEMA

Can Commercial Property in India be purchased by an NRI...

Can Commercial Property in India be purchased by an NRI?

This is a question that has come up again and again, and with this has come some other relevant questions, too, like if NRIs can buy commercial property in...

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SEBI

Migration from SME to Main Board

Migration from SME to Main Board

SMEs can migrate to main board of exchange on fulfilling some of the conditions. SMEs have seen its stocks perform way better and offering returns to inves...

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Taxation

Bihar Professional Tax Registration: Here’s all y...

Bihar Professional Tax Registration: Here's all you need to know

The Bihar state government collects Bihar professional tax from the individuals earning from salary or professions (such as Chartered Accountants, lawyers...

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MSME

Bank Audit 2021- Loans to MSME and Priority Sector

Bank Audit 2021- Loans to MSME and Priority Sector

Directions have been issued by the RBI in the name of lending to MSME Sector Directions 2017. The provisions of the directions shall apply to every schedul...

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